(Answered) 1 from the key players why is it important for the auditor

Accounting

1. From the Key Players: Why is it important for the auditor to report to the audit committee?

2. If the CPA auditor's spouse is a senior manager at the company to be audited, does the auditor have independence

3. What is the PACOB and why is it important for CPA's?

4. Give an example of an Audit firms systems of quality control.

5. What if an auditor does not have experience in a particular industry, should they take a class and then accept the audit?

6. What if the potential client doesn't want the new auditor to communicate with the previous audit firm? Is this a potential risk?

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